The FTSE 100 rallied on Tuesday led by oil giant BP as the pound weakened and investors shrugged off concerns about eurozone economic growth.
Norwegian energy giant Equinor has announced the assembly site for its second floating wind project.
BP's strong financial performance in 2018 has cemented its transformation from "oil-market villain to darling", an analyst said today.
Offshore accommodation provider Prosafe narrowed its losses in 2018 as utilisation picked up.
Better "reliability" and the start-up of several major projects helped oil giant BP more than doubled its earnings last year.
Scottish subsea engineering is world class, according to an extensive study of the sector.
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
The last two years of recovery have been tough, made all the worse by some “catastrophic” failures as the subsea industry sought to restructure and downsize to suit trading conditions.
EnQuest today reported a near-50% increase in production across the group last year, and predicted a 20% jump in 2019.
Scottish firm EnerMech expects diversification to double its size within five years.
Progress has been made since Scottish Enterprise (SE) published its subsea action plan two years ago, its head of oil and gas said.
Life is looking up on the subsea front.
Taqa has hailed a “major milestone” as it prepares to switch its Eider platform in the North Sea to utility mode next month.
A top employment lawyer has warned North Sea firms not to “miss the boat” on getting a piece of Western Australia’s booming energy sector.
Engineering services giant Babcock International (Babcock) has chosen a former RAF pilot to head up its UK North Sea helicopter business in Aberdeen.
The new year is the ideal time to start fresh. It brings a sense of opportunity as many people seek to start their own entrepreneurial journey and 2019 will be no different.
For industry stalwart Glenn Hurren, the new year heralded exciting change as he stepped into a new role as UK managing director of ASCO.
PIM is delighted to announce that its second annual integrity management conference, ‘Risk: strategy rather than chance’, will take place on Thursday March 28.
Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years.